Bank Of Baku

Pasha Bank increases investment portfolio by 34%

Pasha Bank increases investment portfolio by 34%
# 29 March 2012 12:12 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Investment portfolio of Pasha Bank made AZN 260.975 mln as of January 1, 2012, up 34% compared to last year. Board Chairman Shahin Mammadov says AZN 209.307 mln in the structure of investment portfolio fell on share of papers, AZN 26.932 mln – securities obtained on the basis of sold back agreements, AZN 24.736 mln – securities, having trade character.

Mammadov noted that new strategy covering 2012-2014 also considers the continuation of investments in the mentioned spheres.

Remind that Pasha Bank has been in operation since November of 2007. As of January 1, 2012, the bank has 6 ATMs and 56 POS-terminals.
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